DigitalBridge buys AMP Capital's infrastructure business

BOCA RATON, Florida – DigitalBridge Group, Inc. (NYSE: DBRG) today announced that an affiliate, DigitalBridge Investments, LLC (collectively "DigitalBridge"), has agreed to acquire AMP Capital's global infrastructure equity investment management business, part of its Collimate Capital subsidiary, (The "Business") in a transaction valued at $328 million, comprising upfront payments for the management platform, fund sponsor investments, and retained performance fees, plus potential contingent payments based on certain future performance thresholds. AMP Capital's international infrastructure equity platform comprises four investment funds with $5.5 billion in fee-earning assets under management, including the $3.4 billion Global Infrastructure Fund II ("GIF II") and $1.4 billion Global Infrastructure Fund I ("GIF I").

Strategic and financial benefits of the transaction include:

"This transaction represents a unique opportunity to extend our leadership in digital investment management," said Marc Ganzi, Chief Executive Officer of DigitalBridge. "In addition to accelerating and scaling the growth of our platform, we are empowering a team of high-caliber investment professionals who share our commitment to delivering strong long-term returns for investors and have significant experience investing in the value-added mid-market infrastructure segment directly adjacent to our flagship equity business. The Business will deliver immediate financial benefits and growth potential, as we aim to enhance our ability to meet and exceed our near- and medium-term business goals."

DigitalBridge